Rosneft Oil Company sold 9.898% of the shares in OJSC RN holding (previously called TNK-BP Holding), according to Rosneft's report.
The shares were sold to a number of third parties not affiliated with Rosneft for RUB 97 billion.
These transactions have not wrested control of RN Holding from Rosneft, as stated in the report.
Rosneft Oil Company (tax number: 7706107510) is the largest oil company and largest tax payer in the Russian Federation. Rosneft's proved SEC compliant reserves as of December 31, 2011 were 17.618 billion barrels of oil equivalent. In 2012, Rosneft ramped up production of hydrocarbons by 4.5% to 2.702 barrels per day.
The company's authorized capital is RUB 105.981 million. This amount is represented by 10,598,177,810 common shares at par value of RUB 0.01. The company's largest shareholder is state-owned company Rosneftegaz.
IFRS net profit of Rosneft for 9 months 2013 increased by 46% year-on-year to RUB 417 billion from RUB 285 billion. Revenue went up 47% to RUB 3.344 trillion from RUB 2.268 trillion, EBITDA by 52% to RUB 674 billion from RUB 445 billion.
According to the information and retrieval system DataCapital, net profit of Rosneft for 2012 as per RAS increased by 27.8% to RUB 302.501 billion. Revenue grew by 28.2% to RUB 2.596 trillion from RUB 2.025 trillion, pre-tax profit by 21% to RUB 345.561 billion from RUB 285.07 billion.
OJSC RN Holding (tax number: 7225004092) is Russia's third largest petroleum company. Minority shareholders own about 5%, Rosneft Oil Company (through TNK-BP 95% of the holding shares.
IFRS net profit of RN Holding for 2012 grew by 1% to RUB 280 billion. Sales revenue increased by 9% to RUB 1.241 trillion from RUB 1.139 trillion.
According to the information and retrieval system DataCapital, RAS net profit of RN Holding for H1 2013 dropped by 60% to RUB 33.468 billion from RUB 84.986 billion the year before. Revenue grew by 5% to RUB 526.089 billion from RUB 503.286 billion, GP decreased to RUB 75.055 billion from RUB 123.634 billion.
AK&M "M&A Market"
"AK&M", 30.10.2013 14:48